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Adcock Ingram Holdings Limited is a South Africa-based manufacturer of pharmaceuticals. The Company is also a manufacturer, marketer and distributor of healthcare products. It is a supplier of hospital and critical care products. Its product portfolio includes branded and generic prescription medicines, over the counter... (more)

JOHANNESBURG, April 30 - South African firm
Bidvest Group has only raised its stake in Adcock
Ingram by 1 percent since launching an offer for the
drug maker, a sign that most shareholders are unwilling to
accept a $500 million bid.

JOHANNESBURG, March 11 - South Africa's Bidvest
Group is in talks with a fellow shareholder in Adcock
Ingram, the Public Investment Corporation (PIC), to
jointly control nearly half of struggling drugmaker, it said on
Wednesday.

JOHANNESBURG - The chief executive of South Africa's Bidvest Group said his $515 million buyout offer for Adcock Ingram is likely to be rejected by a major shareholder, meaning the industrial conglomerate could end up with less than 100 percent.

JOHANNESBURG - South African conglomerate Bidvest has offered about $515 million for the shares it does not already own in drugmaker Adcock Ingram in a new attempt to build a big presence in the pharmaceutical market.